Price analysis 2/26: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, BCH, XLM

Every bull market witnesses periodic pullbacks, where the weaker hands sell anticipating a top and the stronger hands accumulate for the long term. Data from Coinbase Pro shows two large (BTC) outflows this week, suggesting that institutions are likely continueing to buy the current dip.

Comparing historical data, on-chain analytics resource Whalemap, recently said that previous macro tops in Bitcoin in 2017 and 2019 coincided with thousands of large Bitcoin transactions worth $5-7 million. However, the researchers believe there is “no such FOMO in sight for BTC.”

Daily cryptocurrency market performance. Source: Coin360
daily chart. Source: TradingView
ETH/USDT daily chart. Source: TradingView
ADA/USDT daily chart. Source: TradingView
BNB/USDT daily chart. Source: TradingView
DOT/USDT daily chart. Source: TradingView
XRP/USDT daily chart. Source: TradingView
LTC/USDT daily chart. Source: TradingView
LINK/USDT daily chart. Source: TradingView
daily chart. Source: TradingView
XLM/USDT daily chart. Source: TradingView

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